Millis, MA 3rd Quarter 2016 Real Estate Activity Report

During the 3rd quarter of 2016, real estate activity in Millis saw increases in both total sales volume and average sales price.

 

There was an 11% increase in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Millis during the 3rd quarter 2016. 527 land documents were recorded versus 475 during the third quarter 2015.  

 

The total volume of real estate sales in Millis during the 3rd quarter 2016 was $24,061,809, a 31% increase from the same time period in 2015. Also, the average sale price of homes and commercial property in Millis increased 5%. The average sale price was $422,137. 

 

The number of mortgages recorded (129) on Millis properties during the 3rd quarter 2016 was up 32% from the previous year. Total mortgage indebtedness also increased 67% to $40,867,294 during the same period.

 

There was 1 foreclosure deed filed against a Millis property during the 3rd quarter 2016 compared to 2 foreclosure deeds filed during the 3rd quarter 2015. 

 

Finally, homestead activity increased 4% in Millis during the 3rd quarter 2016 with 55 homesteads filed compared to 53 during the same time period in 2015.

The Norfolk County Registry of Deeds will be closed on Thursday, July 4th in celebration of Independence Day. We are open Friday, July 5th.

The Norfolk County Registry of Deeds is closed Today, July 4th in celebration of Independence Day. We are open Friday, July 5th.